Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Natwest Group PLC(NWG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NWG
11/04/2026: NWG (4-star) is currently NOT-A-BUY. Pass it for now.
NatWest Group PLC is a prominent UK-based banking institution providing a wide array of financial services to individuals and businesses. The company is characterized by a stable deposit base and a strong market position within the UK, offering an attractive proposition for income-focused investors due to its dividend history. While its established franchise is a key strength, the company faces risks from intense competition by digital banks and its heavy reliance on the UK domestic economy. Prospective investors should monitor the bank's ability to modernize its legacy infrastructure and successfully manage interest rate sensitivity. It remains a key watch-list candidate for those seeking exposure to the UK financial sector.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is moderate and tied to the UK domestic economy rather than rapid expansion. |
| Momentum investor | Mixed fit | Momentum is conditional on favorable interest rate trends and sector sentiment. |
| Value investor | Strong fit | The stock often trades at attractive valuations relative to its book value and capital strength. |
| Dividend investor | Strong fit | The company has a consistent history of dividends and active capital return programs. |
| Low-risk investor | Mixed fit | While established, the bank remains subject to economic cyclicality and regulatory risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Banking stocks are inherently sensitive to interest rate expectations and economic outlooks. |
| Valuation risk | Medium | Market sentiment toward UK banking can lead to valuation swings regardless of fundamental performance. |
| Competition risk (Digital Banking) | Medium / high | Agile digital-only banks are capturing market share among younger customer demographics. |
| Business quality | Strong | As a major UK institution, the franchise has deep market roots and scale. |
| Dividend income | Strong | Capital return policies are a central component of the investment thesis. |
| Execution risk | Medium | The complexity of integrating legacy systems remains a recurring operational challenge. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 95.66% | Avg. Invested days 68 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/04/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 61.16B USD | Price to earnings Ratio 7.78 | 1Y Target Price 21.44 |
Price to earnings Ratio 7.78 | 1Y Target Price 21.44 | ||
Volume (30-day avg) 4.7M shares | Beta 0.83 | 52 Weeks Range 13.53 - 19.21 | Updated Date 11/04/2026 |
52 Weeks Range 13.53 - 19.21 | Updated Date 11/04/2026 | ||
Dividends yield (FY) 6.09% | Basic EPS (TTM) 1.99 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Retail Banking | Interest earned on loans and mortgages, plus fees from current accounts. | This is the 'bread and butter' segment driven by UK consumer activity. |
| Commercial & Institutional | Corporate lending, treasury services, and trade finance. | Revenue here depends on the health of UK businesses and corporate investment. |
| Geography: UK | Concentrated exposure to the UK economy. | The bank's performance is closely tied to UK economic conditions. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-30 | When Before Market | Estimate 0.51 | Actual 0.52 |
Profitability
Profit Margin 36.93% | Operating Margin (TTM) 52.07% |
Management Effectiveness
Return on Assets (TTM) 0.85% | Return on Equity (TTM) 14.58% |
Valuation
Trailing PE 7.78 | Forward PE 7.36 | Enterprise Value -30.33B | Price to Sales(TTM) 3.6 |
Enterprise Value -30.33B | Price to Sales(TTM) 3.6 | ||
Enterprise Value to Revenue 0.71 | Enterprise Value to EBITDA - | Shares Outstanding 3.95B | Shares Floating 3.95B |
Shares Outstanding 3.95B | Shares Floating 3.95B | ||
Percent Insiders - | Percent Institutions 5 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.